Commercial Union Endowment
Commercial Union Endowment
If you’re thinking of surrendering your Commercial Union endowment policy, it’s worth getting a sales quote first which might mean you get a lot more money for it. When you surrender you policy, the deal you’re offered could mean you lose a considerable amount of money, because it will not reflect the true value of your policy, or how much you have already paid in premiums.
Your policy provider will also charge you if you surrender before your term is up. By selling your Commercial Union endowment policy you could get up to 45% more for it. Get a FREE quote from professional services provided by specialist endowment brokers.
To get a no-obligation quote for free, you can apply online
In 1998, Commercial Union merged with General Accident, creating CGU. CGU then merged with Norwich Union in 2000, and the company became CGNU. It is now known by its new name, AVIVA, but is commonly referred to under the name Norwich Union. It is the fifth largest insurer in the world, and is the UK’s biggest insurance group.
As of 2007, AVIVA has approximately £332 billion in assets under management. It is one of the leading providers of life insurance and pensions across Europe and is known for innovative and forward thinking worldwide.